Two day FOMC meeting next week with the announcement on Wednesday at 12:30 PM.
Have a pleasant weekend.
“Picture the prince, such as most of them are today: a man ignorant of the law, well-nigh an enemy to his people's advantage, while intent on his personal convenience, a dedicated voluptuary, a hater of learning, freedom and truth, without a thought for the interests of his country, and measuring everything in terms of his own profit and desires." Desiderius Gerhard Erasmus, Praise of Folly
The Banks must be restrained, and the financial system reformed, with balance restored to the economy, before there can be any sustainable recovery.
Welcome to Jesse's Café Américain - These are personal observations about the economy and the markets. In providing information, I hope this allows you to make your own decisions in an informed manner, even if it is from learning by my mistakes, which are many. As a standing policy I never provide individual investment advice to anyone. I will only occasionally disclose my personal positions for purposes of illustration. Understand that my own circumstances could differ greatly from your own, and therefore what is suitable for me may not be suitable for you. My comments are intended to be reflection on general macro financial and economic events and trends.